SB 463 — Specialized Land Transactions; business enterprises or business enterprises controlled by natural born persons from owning an interest in more than 500 single-family residential properties; prohibit
Last action — House Committee Favorably Reported By Substitute
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced February 04, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Introduced
Current position in the legislative process.
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19 sponsors
1 primary, 18 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (19 R).
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Cleared a recorded vote
Passed 1 recorded vote so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
A BILL to be entitled an Act to amend Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to regulation of specialized land transactions, so as to prohibit business enterprises or business enterprises controlled by natural born persons from owning an interest in more than 500 single-family residential properties; to prohibit foreign investment vehicles from owning any interest in a single-family residential property to be used as rental property; to provide a private cause of action against a business enterprise that owns an interest in more than 500 single-family residential properties and foreign investment vehicles; to provide for the disclosure of information by brokers; to provide an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.
Bill Text
Action History
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House Committee Favorably Reported By Substitute
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House Second Readers
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House First Readers
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Senate Passed/Adopted By Substitute
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Senate Third Read
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Senate Read Second Time
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Senate Committee Favorably Reported By Substitute
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Senate Read and Referred
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Senate Hopper
Sponsors
- Russ Goodman · Cosponsor
- Ben Watson · Cosponsor
- Blake Tillery · Cosponsor
- Jason T. Dickerson · Cosponsor
- Drew Echols · Cosponsor
- Lee Anderson · Cosponsor
- Bill Cowsert · Cosponsor
- Kay Kirkpatrick · Cosponsor
- Steve Gooch · Cosponsor
- Timothy Bearden · Cosponsor
- Brian Strickland · Cosponsor
- Chuck Hufstetler · Cosponsor
- Bo Hatchett · Cosponsor
- Frank Ginn · Cosponsor
- Shawn Still · Cosponsor
- Randy Robertson · Cosponsor
- Jason Anavitarte · Cosponsor
- III Larry Walker · Cosponsor
- Greg Dolezal · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 18 co-sponsors · 228 not signed on · 2 voted No
Sponsors (1)
- Greg Dolezal Republican
Co-sponsors (18)
- Russ Goodman Republican
- Ben Watson Republican
- Blake Tillery Republican
- Jason T. Dickerson Republican
- Drew Echols Republican
- Lee Anderson Republican
- Bill Cowsert Republican Voted No
- Kay Kirkpatrick Republican
- Steve Gooch Republican
- Timothy Bearden Republican
- Brian Strickland Republican
- Chuck Hufstetler Republican
- Bo Hatchett Republican
- Frank Ginn Republican
- Shawn Still Republican
- Randy Robertson Republican
- Jason Anavitarte Republican
- Larry Walker, III Republican
Not signed on (228)
228 members have not signed on to this bill.
Show all 228 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 29 | 3 | 0 | 0 |
| Democrat | 20 | 0 | 0 | 3 |
| Unaffiliated | 0 | 0 | 0 | 1 |
| Total | 49 | 3 | 0 | 4 |
| % of votes cast | 88% | 5% | 0% | 7% |
How each member voted (56)
| Member | Party | Vote |
|---|---|---|
| VACANT | — | Not Voting |
| David Lucas | Democrat | Yea |
| Derek Mallow | Democrat | Yea |
| Donzella James | Democrat | Yea |
| Ed Harbison | Democrat | Yea |
| Elena Parent | Democrat | Yea |
| Emanuel Jones | Democrat | Yea |
| Freddie Powell Sims | Democrat | Yea |
| Gail Davenport | Democrat | Yea |
| Harold Jones II | Democrat | Yea |
| Jaha Howard | Democrat | Yea |
| Josh McLaurin | Democrat | Not Voting |
| Kenya Wicks | Democrat | Not Voting |
| Kim Jackson | Democrat | Not Voting |
| Michael 'Doc' Rhett | Democrat | Yea |
| Nabilah Parkes | Democrat | Yea |
| Nan Orrock | Democrat | Yea |
| Nikki Merritt | Democrat | Yea |
| RaShaun Kemp | Democrat | Yea |
| Randal Mangham | Democrat | Yea |
| Sally Harrell | Democrat | Yea |
| Sheikh Rahman | Democrat | Yea |
| Sonya Halpern | Democrat | Yea |
| Tonya Anderson | Democrat | Yea |
| Ben Watson | Republican | Yea |
| Bill Cowsert | Republican | Nay |
| Billy Hickman | Republican | Yea |
| Blake Tillery | Republican | Yea |
| Bo Hatchett | Republican | Yea |
| Brian Strickland | Republican | Yea |
| Carden Summers | Republican | Nay |
| Chuck Hufstetler | Republican | Yea |
| Chuck Payne | Republican | Yea |
| Clint Dixon | Republican | Yea |
| Drew Echols | Republican | Yea |
| Ed Setzler | Republican | Yea |
| Frank Ginn | Republican | Yea |
| Greg Dolezal | Republican | Yea |
| Jason Anavitarte | Republican | Yea |
| Jason T. Dickerson | Republican | Yea |
| John Albers | Republican | Yea |
| Kay Kirkpatrick | Republican | Yea |
| Larry Walker, III | Republican | Yea |
| Lee Anderson | Republican | Yea |
| Marty Harbin | Republican | Yea |
| Matt Brass | Republican | Yea |
| Max Burns | Republican | Yea |
| Mike Hodges | Republican | Nay |
| Randy Robertson | Republican | Yea |
| Rick Williams | Republican | Yea |
| Russ Goodman | Republican | Yea |
| Sam Watson | Republican | Yea |
| Shawn Still | Republican | Yea |
| Steve Gooch | Republican | Yea |
| Steven McNeel | Republican | Yea |
| Timothy Bearden | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 463 do?
- A BILL to be entitled an Act to amend Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to regulation of specialized land transactions, so as to prohibit business enterprises or business enterprises controlled by natural born persons from owning an interest in more than 500 single-family residential properties; to prohibit foreign investment vehicles from owning any interest in a single-family residential property to be used as rental property; to provide a private cause of action against a business enterprise that owns an interest in more than 500 single-family residential properties and foreign investment vehicles; to provide for the disclosure of information by brokers; to provide an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.
- Who sponsors SB 463?
- SB 463 is sponsored by Russ Goodman (Republican), Ben Watson (Republican), Blake Tillery (Republican), Jason T. Dickerson (Republican), Drew Echols (Republican), Lee Anderson (Republican), Bill Cowsert (Republican), Kay Kirkpatrick (Republican), Steve Gooch (Republican), Timothy Bearden (Republican), Brian Strickland (Republican), Chuck Hufstetler (Republican), Bo Hatchett (Republican), Frank Ginn (Republican), Shawn Still (Republican), Randy Robertson (Republican), Jason Anavitarte (Republican), Larry Walker, III (Republican), and Greg Dolezal (Republican).
- What is the current status of SB 463?
- This bill has been introduced in the Senate. Introduced February 04, 2026. It must pass committee before a floor vote.
- Where can I track SB 463?
- Track SB 463 free on One Click Politics — get push/email alerts when it moves.
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